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Health insurer UnitedHealth reports 23 pct rise in profit

Oct 18 UnitedHealth Group Inc, the largest U.S. health insurer, reported a 23 percent rise in quarterly profit, helped by strength in its pharmacy benefit management business.

UnitedHealth's net earnings attributable to shareholders rose to $1.97 billion, or $2.03 per share, in the third quarter ended Sept. 30, from $1.60 billion or $1.65 per share, a year earlier.

Total revenue rose to $46.29 billion from $41.49 billion. (Reporting by Ankur Banerjee in Bengaluru; Editing by Shounak Dasgupta)

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